Goel Construction Company Limited
IPO Details
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Company Fin.
₹50(19.01%)
Premium (ELP)
Goel Construction Company Limited's successfully completed its Initial Public Offering and commenced trading on Sep 09, 2025 at the BSE exchange. The company raised 38,08,000 Shares through this public offering, comprising 30,84,000 Shares in fresh capital and ₹19.04 Cr through the Offer for Sale mechanism.
The IPO was priced within the band of ₹250 to ₹263, with minimum application lots of 400 shares. The offering attracted significant investor interest during its subscription period from Sep 02, 2025 to Sep 04, 2025.
Share allotment was finalized on Sep 05, 2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Goel Construction Company Limited (GCCL), incorporated in 1997, is engaged in construction and infrastructure projects with a strong focus on civil and structural works. The company’s expertise covers a wide range of sectors, including cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects. Over the past three years, GCCL has completed 18 projects worth ₹1,03,320.40 lakhs, while as of February 28, 2025, it is executing 14 ongoing projects across seven states with an order book valued at ₹48,861.97 lakhs. The company has delivered successful projects across various regions of India, including Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Uttar Pradesh, Jharkhand, Odisha, and Karnataka. As of February 28, 2025, GCCL employs 1,168 permanent staff, strengthening its operational capacity nationwide.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Execution Excellence: Proven track record in delivering large, complex civil and structural projects on time with high quality.
- Trusted Client Base: Strong, long-term relationships with reputed customers ensuring repeat business.
- Healthy Order Book: Ongoing projects worth ₹48,861.97 lakhs ensuring strong revenue visibility and sustainable growth.
- Execution Delays: Projects may face delays, changes, or cancellations, impacting revenue and profitability.
- Order Book Volatility: Future income may differ from projections, leading to weaker financial performance.
- High Competition: Strong industry rivalry may limit new order wins and affect growth.
- Purushottam Dass Goel
- Arun Kumar Goel
- Naresh Kumar Goel
- Ratan Kumar Goel
- Amit Goel
- Anuj Goel
- Ashwani Goel
- Chinmay Goel
- Mohak Goel
- Soni Goel
- Isha Goel
- Nirmala Goel
- Suman Goel
Goel Construction Company Limited
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